In past conversations with you, we’ve been known to take aim at the media. That’s because bad things tend to happen to your personal wealth if you read, watch, or… Read More
Investing
Building Lifetime Wealth, 80/20 Style
Ever heard of the 80/20 rule? It suggests 80% of an outcome is often the result of just 20% of the effort you put into it. This doesn’t always work…. Read More
6 Financial Action Items to Wrap-Up 2022
To say the least, there’s been plenty of political, financial, and economic action this year—from rising interest rates, to elevated inflation, to ongoing market turmoil. How will all the excitement… Read More
Are You In a Bad Mood or Are We In a Recession?
There’s been a lot of talk about recessions lately: Whether one is near, far, or perhaps already here. Whether we can or should try to avoid it. What it even… Read More
Investing is Personal – Be Patient
So far in our investment basics series, we’ve explored the history of investing; how important it is to save (so you have money to invest); how to invest efficiently in… Read More
Understanding Stocks: The Price You Pay Matters
In our last piece, we described our marvelous markets and how to account for their being both robust and random at the same time. Today, we’ll look at how stock… Read More
Where do Stock Market Returns REALLY Come From?
In our last piece, we introduced the importance of saving, which is the first of five basics that have served investors well over time. Today, we’ll look at where stock… Read More
Combat Recency Bias: Focus on the Basics
In our last piece, we wrote about how recency bias can damage your investments by causing current crises to loom large, while rewriting your memories of past challenges. Recency tricks… Read More
What Issues Should I Consider During a Recession or Market Correction?
Will your cash flow be tight? Do you want to rebalance your investment and retirement accounts? Were you planning to retire in the near future? These are just a few… Read More
Remembering Summers Past: Don’t Fall into Recency Bias
We’re not making light of this summer’s uncertainties. Inflation is real, and needs to be managed; we also can’t rule out the possibility we’ll still see stagflation and/or a recession… Read More